Fenner & Esler isn’t only a highly rated architects & engineers insurance company, but we also provide design professionals with the best alternatives for employment practice liability insurance for structural engineers. As well as supplying their own solutions as design professionals, it is typical for structural engineers and structural engineers to employ assistants and other workers to whom they can delegate design-related or administrative tasks. In any innovative business, working relationships are often close ones, leading to a blurring of the lines between employer and worker, which can lead to issues in terms of legal obligations associated with the employer status. To protect the financial success of your business as a whole going forward, structural engineer EPLI is an indispensable investment.
Structural Engineer Insurance
Legal issues come up in even the closest of design firms. This makes structural engineers employment practice liability insurance from a respected independent architect and engineer insurance company like such as an absolutely essential investment. While a complete human resource policy and process can function as the foundation for guarding you from liability issues, it’s not enough when a suit arises. Even if a legal action is without merit, the cost of litigation may be large. If an employee brings allegations of wrongdoing in the workplace (wrongful disciplinary action, wrongful termination, harassment or discrimination, for example) a buffer zone might be required to prevent the cost of the litigation from affecting the business negatively. Structural Engineer employment practice liability insurance will cover the full expenses of defending a case, and take care of a settlement should the case require it.
Structural Engineers Insurance Brokerage
If a company applies for structural engineers EPLI, the insurance provider is going to typically ask to obtain a copy of the firm’s manual on HR procedure and policy. Independent structural engineers and structural engineers insurance brokerages that specialize in employment practice insurance for structural engineers will be in a position to examine these files and ensure that they are fit for purpose. An insurance industry specialist with experience in presenting programs can assist design professionals to comply more carefully with the demands of insurance companies, getting the best rates available. An insurance professional will additionally work together with customers in managing risk, offering expert advice throughout these crucial incidents when employer/employee friction has arisen.
Structural Engineers Insurance Companies
Our policies for architect & structural engineers insurance coverage work on a claims-made basis; for this reason, it is imperative that coverage is maintained constantly, otherwise the business may not be covered. Retroactive coverage riders are obtainable from some providers but these can be more expensive. Somebody new to the process can find themselves easily overwhelmed by the wealth of options that are available. This is why we’re here to assist as an architect and structural engineers insurance company well versed to the ins and outs of working in the business.
Architects & Engineers Insurance
The specialists in architect & structural engineers insurance coverage at Fenner & Esler can assist your firm find the best plan to fit your needs in Alaska from several A rated carriers to ensure that the firm will always have safety from employee-related legal actions.